By Richard E. Johnston, Mitchell L. Thaw &
Douglas C. New
Canada is an appealing investment destination for US pension and
endowment funds. While it has been affected by the current economic
downturn, Canada is weathering the global recession better than
most of its peers.1
Canada is better placed than many countries to weather the
global financial turbulence and worldwide recession. Its resilience
can be attributed to three factors: First, a track record of sound
macroeconomic policy management has left the country in prime form
at the beginning of the global turmoil ...Second, the authorities
responded proactively to the crisis ...Third, the focus on
financial stability. 2
According to Dun & Bradstreet's Global Risk
Indicator, Canada is considered one of the world's safest
countries to invest, due to the relatively mild slowdown
experienced as a result of the global credit crisis. In addition,
the Canadian Business' Prosperity Potential Index
(October 2009)